Market Date: 24-05-2013
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World of Business
Union Bank and Fidelity Bank declare results
Category: Corporate Earnings
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Union Bank Plc and Fidelity Bank Plc released their unaudited first quarter financial results on the floor of the Nigerian Stock Exchange today.
| Union Bank Plc | Turnover | PBT | TAX | PAT | |
| =N=\'000 | =N=\'000 | =N=\'000 | =N=\'000 | ||
| 30-Sep-07 | 6 Mths | 50,600,000 | 16,500,000 | 2,900,000 | 13,600,000 |
| 30-Sep-06 | 6 Mths | 37,900,000 | 10,500,000 | 2,100,000 | 8,400,000 |
| 33.5% | 57.1% | 61.9% | |||
| Fidelity Bank Plc | Turnover | PBT | TAX | PAT | |
| =N=\'000 | =N=\'000 | =N=\'000 | =N=\'000 | ||
| 30-Sep-07 | 3 Mths | 769,700 | 3,304,000 | 660,857 | 2,643,143 |
| 30-Sep-06 | 3 Mths | 4,609,000 | 1,067,000 | 213,533 | 853,467 |
| -83.3% | 209.7% | 209.7% |
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